The Future Of Business Payables Innovation: How New B2B Payment Options Can Transform The SMB Back Office
NEW REPORT: All-In-One Payment Solutions Help SMBs Future-Proof Bottom Lines
While more than half of SMBs believe that an all-in-one payment platform can save them time and improve visibility into cash flows, 56% believe that the solution could be difficult to integrate with existing AP and AR systems. The Future Of Payment Innovation Report, a PYMNTS and Plastiq collaboration, surveyed 500 SMBs with revenues between $500,000 and $100 million to explore how all-in-one solutions can exceed SMBs’ expectations and help future-proof their businesses.
Inside the April Report
- 72%: Share of AP/AR executives who believe SMB customers would be highly interested in using an all-in-one payment solution for B2B transactions
- 73%: Portion of SMBs that would use an all-in-one payment solution if the cost were mostly offset by rewards, tax deductions and time saved
- 47%: Segment of suppliers that have difficulty anticipating when payments will arrive
